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r <br /> standards of Specific Plan III have been met by the Regent's Gate and Altamont Heights r <br /> subdivisions, and, therefore approves this Assignment. <br /> E. Pursuant to the terms and conditions of Specific Plan III Assignor wishes <br /> to assign, and Assignee wishes to assume, all rights to the above referenced 8 unused <br /> wastewater units of R/MH at 200 gal/day. <br /> Agreements <br /> NOW, THEREFORE, THE ASSIGNOR AND ASSIGNEE DEVELOPER r <br /> HEREBY AGREE AS FOLLOWS: <br /> 1. Assignor hereby assigns to Assignee, for the benefit of the Altamont 'r <br /> Heights property, all right, title and interest in 8 unused wastewater units of R/MH at 200 <br /> gal/day. The parties acknowledge and agree that Assignee is entitled to apply these units <br /> to the Altamont Heights subdivision for the purpose of obtaining entitlement to 5 <br /> additional R/L lots within the subdivision. <br /> 2. All of the covenants, terms and conditions set forth herein shall be binding 'r <br /> upon and shall inure to the benefit of the parties hereto and to their respective heirs, <br /> successors and assigns. <br /> r <br /> 3. The County of San Joaquin may rely upon this Agreement in consenting to <br /> the assignment. _ <br /> IN WI'T'NESS HEREOF, the parties hereto have executed this Agreement as of <br /> the day and year first above written. <br /> ASSIGNOR: .. <br /> GOLDEN STATE INVESTMENTS, LP, <br /> a California limited partnership r <br /> By: Pegasus— Central Valley Investment, LLC, a <br /> California limited liability company, its General Partner <br /> By: r <br /> Michael. A Clevenger, <br /> Manager/Member <br /> r <br /> J <br /> [Signatures continued on the next page] <br /> J <br /> 75672\A?X\226736 <br /> _ 2 _ <br /> r <br />